August 4, 2011 – Do You Remember When’..?

3) Do You Remember When'¦.?The stock market managed to eke out a modest 29 point gain today, the first time in nine trading days. If it had closed down a ninth day, it would have been the first time since 1978.

I remember those days well. The Dow average then was trading at 700. Gold (GLD) was at $180 an ounce. The Euro (FXE) would not be created for 20 years, but the Swiss franc (FXF) was floating around 32 cents. Today it is 75 cents. Crude (USO) was priced at $14 a barrel, and gasoline was a mere 65 cents a gallon.

The Chevette five door hatchback was the top selling car in the US. And we all had mutton chop sideburns.

Yes, I Remember Them Well

Ready for Stellar Results this Year? Get Free Trade Alerts. Click on the Table Above.

Share the Mad Hedge Fund Trader with your Friends

Research Newsletters by Time

Search our Newsletter Database

MHFT Policies

Resources

Disclaimer

It should not be assumed that the methods, techniques, or indicators presented in these pages will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these pages are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, the publisher, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.